Money Manager Articles

Posts Tagged ‘proverbial wall’

(Michael Schwartz) - The stock market seems to be climbing the proverbial "wall of worry."
Despite potential road hazards such as sovereign debt issues, rising interest rates, a weak job market, and a stalled housing recovery, investors bid up stock prices last week to an 18-month high, according to MarketWatch. Of course, these things could eventually affect stock prices, but, for now, stocks are riding the momentum of improving earnings and some underlying stability in the economy.